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Spread Trend Analysis Report

Prepared for you on Wednesday, October 21, 2020.

GOLD Jun 2021/Oct 2021 Spread (NYMEX:GC.M21_V21)

Strong Downtrend (-100) - GC.M21_V21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid GC.M21_V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for GC.M21_V21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_GC.M21_V21
Open High Low GC.M21_V21 Price Change
-5.5 -5.5 -5.5 -5.5 -3
Entry Signal

MarketClub’s Trade Triangles for GC.M21_V21

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for GC.M21_V21

Based on our trend formula, GC.M21_V21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for GC.M21_V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-5.5 -5.5 -5.5 -5.5 -3
Prev. Close Volume Bid Ask Time
-2.5 19 2020-10-20 17:28:35
Open Time18:00Close Time17:00
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